Intercompany Security Agreement definition

Intercompany Security Agreement means an agreement substantially in the form of Exhibit O entered into by each Subsidiary of Holdings and Company --------- pursuant to Section 5.13.

Intercompany Security Agreement the intercompany security agreement dated as of January 1, 2002, executed by the Guarantor and certain of its Subsidiaries to secure the payment of the Junior KNOLOGY Debt, as amended, restated, supplemented or otherwise modified in accordance with the terms hereof.

Intercompany Security Agreement means the Intercompany Security Agreement, dated as of even date herewith, between the Payor and the Payee, as amended, supplemented or otherwise modified from time to time with the prior written consent of the Administrative Agent.

Examples of Intercompany Security Agreement in a sentence

• If any Person becomes a Qualifying Subsidiary Guarantor after the Closing Date that is not a Grantor hereunder, such Person to become a Grantor hereunder, such Person shall execute and deliver to the Secured Party a joinder agreement to this Agreement and shall Form of Intercompany Security Agreement SECURITY AGREEMENT thereafter for all purposes be a party hereto and have the same rights, benefits and obligations as a Grantor party hereto on the Closing Date.

• Debtor has caused this Intercompany Security Agreement to be executed and delivered as of the date first set forth above.

• The Credit Agreement ------------------------------- predicates that each Subsidiary that was not in existence on the date of the Credit Agreement is required to enter into this Agreement as a Subsidiary Borrower and the Intercompany Security Agreement if the Company wishes to make intercompany loans to such Subsidiary Borrower.

• The Credit Agreement predicates that each ------------------ Subsidiary that was not in existence on the date of the Credit Agreement is required to enter into this Agreement as a Lessee and the Intercompany Security Agreement if the Lessor wishes to lease Telecommunications Assets to such Subsidiary.

• The Company agrees that the liens and security interests of the Collateral Agent shall be senior and prior in right to the liens and security interest of Company in the Collateral (as defined in the Intercompany Security Agreement), and such priority is applicable irrespective of the order of creation, attachment or perfection of any such liens or security interests or any priority that might otherwise be available to the Collateral Agent or the Company.

More Definitions of Intercompany Security Agreement

Intercompany Security Agreement means the second amended and restated intercompany security agreement and financing statement in substantially the form of Exhibit I hereto and duly completed, executed and delivered by the Company and each of the Subsidiaries, other than the Excluded Subsidiaries, as the same may be amended, modified, supplemented or restated from time to time in conformity with the terms of this Agreement and in effect from time to time.

Intercompany Security Agreement is defined in Section 6.3(A)(iii) hereof.

Intercompany Security Agreement means the Intercompany Security Agreement, dated as of January 6, 1994, as amended by that First Amendment to Intercompany Security Agreement, dated as of June 30, 1995, entered into by the Assignors (as defined therein) in favor of the Agent, as the assignee of the Borrower.

Intercompany Security Agreement means each security agreement providing for a pledge of property with respect to the Intercompany Loans executed and delivered by each Foreign Loan Party in accordance with the requirements of this Agreement and in form and substance reasonably satisfactory to the Agents and the Required Lenders and conforming to the requirements of local law.

Intercompany Security Agreement means an agreement substantially in the form of EXHIBIT O entered into by each Subsidiary of Holdings and Company pursuant to Section 5.13.

Intercompany Security Agreement means, in respect of any Intercompany Loan, the security agreement securing such Intercompany Loan, substantially in the form of EXHIBIT L-2.

Intercompany Security Agreement means that certain Security Agreement dated as of the date hereof and executed by each US Operating Borrower in favor of PASUG providing for and constituting a Lien in favor of PASUG on the Collateral subject to the US Security Agreement, as amended, modified, renewed, supplemented or restated from time to time in accordance with Section 6.11(e), provided that at all times all Liens thereunder shall be subject and subordinate to the Liens of the Administrative Agent in such Collateral pursuant to the terms of the Intercompany Lien Subordination Agreement.